Tharl P., 33, has a business selling brooms at the local market of Takeo province to earn approximately around US$ 2 each day, whilst her husband, pictured here, sells salt and is able to make US$ 6 a day. Her brooms are made from long grass which grows in the forest.
Tharl P. learned how to make brooms from her neighbors and she started doing this business in 1997. This couple together has two children. She told a loan officer that every month she needs to spend around US$ 80 on food and US$ 5 on utilities.
Tharl P. is asking for a loan to purchase salt for her husband to resell.
KREDIT Microfinance Institution Plc., is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.